Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.69% |
| 2 | Technology | 12.68% |
| 3 | Financials | 12.18% |
| 4 | Consumer Discretionary | 10.77% |
| 5 | Industrials | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PTR
1376
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $6.65M | 0.01% |
108,088
+1,120
| +1% | +$80.2K |
|
|
RSX
1377
DELISTED
VanEck Russia ETF
RSX
| $6.65M | 0.01% |
354,791
+273,018
| +334% | +$5.61M |
|
1378
MarketAxess Holdings
MKTX
$4.34B
| $6.63M | 0.01% |
+31,398
| New | +$6.5M |
|
1379
Fluor
FLR
$6.89B
| $6.63M | 0.01% |
206,003
+11,067
| +6% | +$477K |
|
1380
Regeneron Pharmaceuticals
REGN
$72.9B
| $6.62M | 0.01% |
17,735
-87,854
| -83% | -$32.2M |
|
1381
WisdomTree Japan Hedged Equity Fund
DXJ
$7.12B
| $6.62M | 0.01% |
+142,772
| New | +$7.45M |
|
1382
Galicia Financial Group
GGAL
$7.9B
| $6.61M | 0.01% |
239,793
+110,884
| +86% | +$2.82M |
|
1383
PUT
Albemarle
ALB
$13.3B
| $6.61M | 0.01% |
+85,700
| New | +$8.09M |
|
1384
Nomad Foods
NOMD
$1.7B
| $6.6M | 0.01% |
394,499
-1,225,693
| -76% | -$23.3M |
|
1385
Travere Therapeutics
TVTX
$5.2B
| $6.6M | 0.01% |
291,460
-228,159
| -44% | -$5.68M |
|
|
NPTN
1386
DELISTED
NEOPHOTONICS CORP
NPTN
| $6.59M | 0.01% |
1,017,235
-207,188
| -17% | -$1.58M |
|
1387
First Merchants
FRME
$2.74B
| $6.58M | 0.01% |
191,914
+40,909
| +27% | +$1.66M |
|
|
1388
Fortive
FTV
$19.5B
| $6.58M | 0.01% |
154,127
-26,962,802
| -99% | -$1.27B |
|
|
FISV
1389
Fiserv Inc
FISV
$28.9B
| $6.56M | 0.01% |
89,251
+84,251
| +1,685% | +$6.51M |
|
1390
NetEase
NTES
$81.5B
| $6.54M | 0.01% |
139,045
+108,170
| +350% | +$4.88M |
|
1391
Agnico Eagle Mines
AEM
$71.9B
| $6.53M | 0.01% |
+161,647
| New | +$5.95M |
|
|
SASR
1392
DELISTED
Sandy Spring Bancorp Inc
SASR
| $6.53M | 0.01% |
208,378
-149,732
| -42% | -$5.28M |
|
1393
BioCryst Pharmaceuticals
BCRX
$2.48B
| $6.52M | 0.01% |
808,027
-371,780
| -32% | -$2.89M |
|
1394
Five Below
FIVE
$11.5B
| $6.52M | 0.01% |
63,732
+37,773
| +146% | +$4.17M |
|
1395
CALL
NVIDIA
NVDA
$4.77T
| $6.51M | 0.01% |
1,952,000
+44,000
| +2% | +$211K |
|
1396
PUT
Viper Energy
VNOM
$8.21B
| $6.51M | 0.01% |
+250,000
| New | +$8.19M |
|
1397
TTM Technologies
TTMI
$11.3B
| $6.48M | 0.01% |
665,981
+578,650
| +663% | +$7.1M |
|
1398
Ciena
CIEN
$49.6B
| $6.47M | 0.01% |
190,842
-1,422,475
| -88% | -$45.1M |
|
|
ERF
1399
DELISTED
Enerplus Corporation
ERF
| $6.46M | 0.01% |
832,160
+606,316
| +268% | +$5.9M |
|
1400
Bread Financial
BFH
$4.36B
| $6.46M | 0.01% |
53,907
-76,470
| -59% | -$12M |
|
Similar funds
Millennium Management's Q4 2018 Portfolio in Review
As of Q4 2018, Millennium Management held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Millennium Management withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Millennium Management opened a new position in Athenahealth, Inc. worth $135M.
- Millennium Management's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Millennium Management added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Millennium Management's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Millennium Management fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Millennium Management's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Millennium Management opened 702 new positions and closed 844 in Q4 2018.
- Millennium Management's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.